Highest-materiality recent filing
Total revenue $3.9M, down 8% YoY; SaaS revenue flat at $1.5M (+0.1%).
Intellinetics FY2025 net loss widens to $1.87M; SaaS revenue up 11.3% but total revenue down 8%
Net loss of $1,872,895 ($0.44/share) vs $546,215 ($0.13/share) in FY2024; Q4 net loss of $207,975.
Intellinetics appoints Alison Forsythe as CEO, secures $1M JPMorgan line of credit
Alison Forsythe appointed President and CEO effective Feb 17, 2026; previously CEO of Humanyze.
Intellinetics CEO James DeSocio to retire effective Feb 27, 2026; succession plan underway
CEO James DeSocio resigns as President, CEO, and Director effective Feb 27, 2026; Board reduced to 5 from 6.
Intellinetics Q3 revenue down 12.8% YoY; SaaS revenue up 14.6%
Q3 revenue $4.0M (-12.8% YoY); net loss $369,765 ($0.08 loss per share) vs $392,850 loss last year.
Net loss $567,590 ($0.13 per share) vs net income $75K ($0.02) in Q2 2024.
Intellinetics prepays $1.37M notes, expects debt-free balance sheet by June 30
Prepaid $1,373,740 ($1,339,500 principal + $34,240 interest) on notes due Dec 2025 without penalty.
Intellinetics awarded $42.75M five-year contract with State of Michigan
Contract runs June 1, 2025 to May 30, 2030, with optional 5-year extension.
Intellinetics Q1 net loss widens to $0.17/share; SaaS revenue up 9.8%
Net loss of $727,565 ($0.17 per share) vs $174,714 ($0.04) in Q1 2024; operating loss widened to $684,559.
Intellinetics FY2024 revenue up 7% to $18.0M; net loss $546K vs prior year net income
Full-year revenue $18.02M (+6.7% YoY); SaaS revenue $5.69M (+10.8%).
Intellinetics Q3 2024 revenue up 8% to $4.59M; net loss of $0.09/share vs prior year profit of $0.05
Total revenue $4.59M (+8% YoY); SaaS revenue $1.40M (+8.5%); professional services $2.60M (+11.5%).
Intellinetics Q2 revenue up 9% to $4.64M; net income falls to $0.02 EPS; lowers EBITDA guidance
Total revenue $4,641,593 (+9.0% YoY); SaaS +9.6%, professional services +15.8%.
Total revenue $4.507M, up 7.7% YoY, fully organic; SaaS revenue up 13.5% to $1.405M.
Full-year revenue $16.9M (+20.5% YoY); SaaS revenue $5.1M (+27.8%).
On May 6, 2025, Intellinetics, Inc. (the “Company”) appointed Chief Financial Officer Joseph D. Spain to assume the title and additional responsibilities of Chief Operating Officer.
On February 18, 2025, Roger “Ari” Kahn notified Intellinetics, Inc., a Nevada corporation (the “Company”), of his resignation from the board of directors of the Company (the “Board”), with immediate effect.
William Cooke will retire and not stand for reelection as a director of the Company at the 2024 Annual Stockholder Meeting.
The Board has appointed Michael Taglich as an interim Chairman.
Max materiality 0.75 · Median 0.65 · Most common event earnings